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Do they actually take legal action or any action?

Not Recently Bumped
Toonstorm is quite reliable, and they change the information once they purchase their accounts, to the user who had the account in the first place is unable to claim it back.
In a very rare occasion they may ring Blizzard and claim they have been hacked and retrieve the account, but this is the chance you take when purchasing an account from a site like toonstorm. Remember they buy accounts off anyone, as they know they can easily sell them again.
 
Banned - failed to resolve dispute - http://www.epicnpc.com/active-disputes/473361-toonvendor-%242400-balance-owed-after-consignment-sale-failed-bank-wire.html
The better question is, why would you purchase something from toonstorm? They charge like $600 for a level 50...
 
Yeah, toonstorm is a huge ripoff, almost as bad as Alienware.
 
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Xtr3me</div><div class="ubbcode-body">Toonstorm is quite reliable, and they change the information once they purchase their accounts, to the user who had the account in the first place is unable to claim it back.
In a very rare occasion they may ring Blizzard and claim they have been hacked and retrieve the account, but this is the chance you take when purchasing an account from a site like toonstorm. Remember they buy accounts off anyone, as they know they can easily sell them again. </div></div>

Exactly ^^ Listen to what he said.
 
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